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Valero restarts Indiana ethanol plant

Valero Energy (NYSE:VLO) has restarted production at a corn ethanol plant in Indiana that was shuttered more than two years ago by its previous owner.

VLO bought the plant in March from Aventine Renewable Energy Holdings for $34M, boosting the number of its ethanol plants to 11.

The plant is expected to boost VLO’s ethanol production to 1.3B gallons/year, putting it behind only Archer Daniels Midland and Poet LLC in ethanol production.

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Comments (1)
  • Bobco23
    , contributor
    Comments (215) | Send Message
    Does VLO generate RINs from any or all of the ethanol plants and sell them to other refiners, or does VLO consume these credits for themselves. Do you have an information on the impact of RINs on VLOs bottom line. Thanks.
    29 Aug 2014, 12:48 PM Reply Like
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